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KOFY
Aug 14, 2013 7:00pm PDT
after former nsa contractor. a major internet hardware company is laying off 4,000 employees. david louie joins us now with details how he is speen yauj is going to cut workers. david? >> those 4,000 layoffs represent about 5% of the global work force. many of those 4,000 point the finger of blame at edward snowden. >> now, they've been+'n getting banned with a lot of countries and i think they're anticipating a major fall out. >> the tech analyst is battling a perception they might have secret codes embedded to allow nsa to spy overseas that. can impact sales fueled by revelations by former nsa contractor snow den. >> when there are rumors of china doing the same thing, congress banned to do the same thing sort of blocking sales now nsa has been found to do this. >> this with economic weakness could be why they weren't allowed to meet expectations reporting higher profits today but with future growth projected 2% lower, cisco stock price dropped 10% in after hours trading. cisco has almost 17,500 employees global head count is 75,000. the company has a history of layoffs added 7500
KOFY
Jul 31, 2013 9:00pm PDT
much sorts for the nation's spy agency. >> heckled by hackers and how the nsa director responded today in las vegas. >>> o.j. simpson wins parole. but not freedom. i will explain. >>> spencer christian is here with the weather. >> i have the accuweather forecast center. still looking at a cooler than average weather pattern. when will it warm up? i'll have the answer coming up. >>> the surprise stalker. >>> the surprise stalker. what happens to this fish and♪ what's up with all these beers needing their own fancy glass? not me mon. i am my own fancy glass. red stripe. hooray beer! >>> tomorrow. make the most of your day with abc morning news. traffic alerts and drive time starts at 4:30. >> along with my forecast to plan your day. >> at 6:00, don't miss michael finney. it's all tomorrow on abc 7 morning news. >>> outrage over a new revelation about government spying. a new leak from fugitive edward snowden claims that the government has the power to track, hear and read every e-mail and every phone call all without a warrant. abc news reporter martha raddatz has reaction from washing
KOFY
Aug 14, 2013 9:00pm PDT
in silicone valle, after former nsa contractor, edward snowden leaked information. cisco is laying off 4,000 employees. we have details now on how it's causing job cuts. >> ever since the nsa thing they have been quietly banned in a lot of countries and i think they are anticipating a major fall off as a result. >> tech analyst said that kicis is battling the idea that they have codes in their technology that allows spying overseas. >> when there were rumors of china doing the same thing, congress moved to ban much of the chinese imports in companies in the u.s., and they blocked chinese sales. now that u.s. has been found to do it, china is saying if you can do it we can to. >> cisco reported higher quarterly profits today, but with future growth projected to be about 2% lower than expected. cisco's stock price dropped 10% in after hours trading. cisco is not saying where the layoffs will occur, the global head count is 75,000. the company has a history of layoffs even as it added 7500 workers. last summer, layoffs inspected 1300. it will free up money to spur growth opportunities. cisc
KOFY
Aug 16, 2013 7:00pm PDT
and gun battles between warring oups. >> new alegations about nsa spying program. is the agency breaking its own rules? at one lawmaker from the bay ea says needs to be done. pages of vogue what. she's tellin the you're like me, you've been working you've been working like a dog all year. but you don't need to camp out 'til labor day to reward yourself! mattress discounters' labor day sale is on now! rest those tired bones on a queen size sealy gel memory foam mattress for just $497! get 48 months interest-free financing on the entire tempur-pedic cloud collection. but this sale won't last long! ♪ mattress discounters! but with advair, i'm breathing better. so now i can help make this a great block party. ♪ [ male announcer ] advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd
KOFY
Aug 16, 2013 9:00pm PDT
in the national security agency. "washington post"reports the nsa has broken privacy rules thousands of times each year since receiving broad new power in 2008. the based on information given to the post by former nsa analyst now wanted leaker edward snouden. representative spear says the nsa has abused the powers. >> if you need that kind of surveillance get a warrant. go to court and get a warrant. don't go to secret court that never sees the light of day and don't do it under a guise of it being necessary for foreign intelligence when it is in fact spying on u.s. citizens. >> spear does agree there is a need for some internal surveillance done legally because of what she calls homegrown terrorists. specifically referring to the boston marathon attack. >> afghan army and police are taking the lead now in combat open rigs against the taliban as u.s. troops get ready to leave. but in this case the administration is not declaring victory or even saying that the violence is under control. eric takes a look at why. >> it's america longest war. in many ways it's most frustrating. >> when the talib
KOFY
Jul 31, 2013 7:00pm PDT
nsa director responded today oo. also, scandal at city hall what. is behind resignation two city officials and why many tried to keep it quiet. >> george zimmerman back in trouble with the law what. he did in >>> city attorney of walnut creek says he resigned because he was being pressured to drop a child abuse investigation. one top assistant has stepped down. abc news tells us the city council is now ducking for cover. every member refused our request today. they don't want to talk about the resignation of city attorney brian winter, winter declined a request as did his assistant katie wixinski we know their leaving is tied into the investigation of child sex abuse charges leveled against an employer of lesher center for the arts charjsed with two felonies connected to text and facebook messages sent to teen-aged girls. four city employees were put on administrative leave while police and the city attorney looked into who knew about suspected abuse. in this e mail, the city attorney wrote he was pressured to drop the investigation when it appeared it would reach up the chain at
KOFY
Aug 9, 2013 7:00pm PDT
obama with strong words on the controversial nsa data sweep. on that he promised more accountability and a quote, put the whole elephant out there. owe that is first in this conference he talk td about edward snow den's admitted leak autos given the history after bus, it's right to ask questions about surveillance. particularly as technology is reshaping every aspect of our lives. >> it's not enough for me as president so far confidence in the programsful american people need to have confidence in them as well. >> the president outlined four new steps to ensure programs won't be used to spy on americans. among them to work with congress to reform section of the patriot act dealing with collecting telephone records and more transparency. snowden is believed to be a factor in the new chill between the us us and russia. but the president explained why he cancelled a one on winetd with president putin saying the u.s. and russia were not make prog gres on a host of issue autos i've encouraged mr. putin to think forward with mixed success. >> the president spoke about the recent u.s. embas
KOFY
Aug 9, 2013 9:00pm PDT
measures to reform the surveillance programs including putting a new civil liberties officer at the nsa and promising to reveal more about the once secret programs. >> we must be more transparent. >> but not when it comes to drone strikes. in response to the latest threat, u.s. carried out six drone attacks in yemen over the past two weeks. >> in the interest of transparency can you tell us about the drone strikes. >> i'm not going to discuss specific operations but they have taken place. i will not have a discussion about operational issues. >> the reforms that were announced today would certainly have happened with the leaks of edward snowden. some people a hero but the president says he is a lawbreaker, not a patriot. >> much more ahead. coming up, social media crackdown, bay area schools caught cheating on a big test. horses in one county, potential deadly virus and owners asking to take precaution. >> this weekend is going to bring us a nice warming trend. something we haven't seen in a while. how high the numbers will rise in the accu-weather forecast. >> a group that is helping
KOFY
Aug 14, 2013 11:30pm PDT
company is splashing about 4,000 jobs. sisco is battling a perception the servers allow the nsa to spy overseas because of the edward snowden whistle-blower scandal. they say that will impact sales. it is unknown how many layoffs will affect the san jose headquarters. >>> facebook is making new changes. it is now trying to be a bit more celebrity friendly. the menlo park social networking site will unveil new vip features that lets stars in ter act with their fans easily. they are trying to match twitter. >>> one man turned in money he found and did the right thing. they found the envelope outside vie sale yaw's dmv office and he didn't theng about keeping it. >> it wasn't mean and i felt like it was somebody's life saving and somebody in desperate need of it. it is back in the hands of who had it and i didn't want it to go to anybody else's hands. >> good guy. the rightful owners claimed the cash the next day. his decision is more admirable considering he and his wife could have used the money. the couple live off a single disability check each month. good man. did the right thing. >>
Search Results 0 to 8 of about 9